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Energy Fuels' U.S. Rare Earth Processing Expansion Boasts Lower-Than-Expected CAPEX, Significant Annual EBITDA, and Among the Lowest Cost NdPr Production in the World
Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (Energy Fuels or the Company), a leading U.S. producer of uranium, rare earth elements (REEs), and other critical materials, today released the results of a new Bankable Feasibility Study (BFS) for its planned Phase 2 circuit expansion (Phase 2 Circuit) of rare earth element (REE) processing at its 100%-owned White Mesa Mill in Utah (the Mill). The BFS confirms the expansion's exceptional economics, competitive cost structure and ability to supply a sign
About this update from Energy Fuels Inc.
[{"type":"text","content":"Transformational Growth Investment Positions Energy Fuels as the Leading Western Rare Earth Producer Helping to Restore US Rare Earth Supply Chain ","length":146,"tagName":"p","attribs":{}},{"type":"text","content":"Planned 6,000 tpa NdPr, 240 tpa Dysprosium, and 66 tpa Terbium Capability with First Quartile Cost Position ","length":107,"tagName":"p","attribs":{}},{"type":"text","content":"DENVER, Jan. 15, 2026 /CNW/ - Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (Energy Fuels or the Company), a leading U.S. producer of uranium, rare earth elements (REEs), and other critical materials, today released the results of a new Bankable Feasibility Study (BFS) for its planned Phase 2 circuit expansion (Phase 2 Circuit) of rare earth element (REE) processing at its 100%-owned White Mesa Mill in Utah (the Mill). The BFS confirms the expansion's exceptional economics, competitive cost structure and ability to supply a significant share of U.S. rare earth demand. A redacted copy of the BFS can be found here.","length":620,"tagName":"p"},{"type":"image","alt":"Energy Fuels Inc., a US-based uranium and rare earth elements producer. (CNW Group/Energy Fuels Inc.)","displaySize":"","headline":null,"caption":"Energy Fuels Inc., a US-based uranium and rare earth elements producer. (CNW Group/Energy Fuels Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":91,"url":"https://media.zenfs.com/en/prnewswire.com/cff9ff774dbb3a5db62670fc004d5eee"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Au_WYVmW5PLytPOI1Iptqg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/cff9ff774dbb3a5db62670fc004d5eee","width":400,"height":91}},"href":"https://mma.prnewswire.com/media/2862505/Energy_Fuels_Inc__Energy_Fuels__U_S__Rare_Earth_Processing_Expan.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Energy Fuels is on the cusp of solving America's rare earth processing 'bottleneck'," stated Mark S. Chalmers, CEO of Energy Fuels. "Today's BFS shows that Energy Fuels is in the process of restoring a U.S. rare earth supply chain that is world-competitive. With an estimated capital cost of $410 million for the Phase 2 Circuit and an estimated all-in production cost of $29.39/kg NdPr equivalent produced from our Vara Mada project, we b...